The negotiations on the Pandemic Agreement offered a key opportunity for the World Health Organization’s (WHO) 194 Member States to address the weaknesses of existing international regulations governing global health – and to adopt a new legal instrument at the Seventy-seventh World Health...

We embed a lockdown choice in a simplified epidemiological model and derive formulas for the optimal lockdown intensity and duration. The optimal policy reflects the rate of time preference, epidemiological factors, the hazard rate of vaccine discovery, learning effects in the health care...